Kincora Copper Limited · TSXV:KCC
Kincora Copper — KCC Corporate Presentation Webinar (April 2025)
39 slides from Kincora Copper's conference presentation, Apr 17, 2025
Slide 1: Sixth Asset Level Agreement Update
KINCORA COPPER Sixth Asset Level Agreement Update April 2025 ASX & TSXV ticker: KCC
Slide 2: Cautionary Statement
Cautionary Statement Kincora Copper “KCC”: ASX & TSXV Kincora Copper Limited (ARBN 645 457 763) Certain disclosure may constitute "forward-looking statements”. In making the forward-looking statements, Kincora Copper Limited (“Kincora” or “the Company”) has applied certain factors and assumptions th
Slide 3: Why Kincora? Value through Deals, Drilling & Discovery
Value through Kincora Copper “KCC”: ASX & TSXV Deals, Drilling & Why Kincora? Discovery Targeting Tier-1 Scale Copper-Gold Discoveries Industry Leading Team Project Generator Model For Porphyry Projects Sixth Asset Level Deal Unlocks >$110m In Total Potential Funding Drilling & Management Fees Rampi
Slide 4: Corporate Snapshot
Corporate Snapshot Kincora Copper “KCC”: ASX & TSXV 1 Market Cap $8.5m >$110m Partner Funding Opportunistic Project At Asset Level For Generation 2 4Q’24 Drilling >7000m Porphyry Projects 4 New Porphyry Projects In 2024 (Recent Partner Funded Drilling across 3 Projects) Project Generator 3 Now With
Slide 5: Tier-1 Scale Copper-Gold Potential
Tier-1 Scale Copper-Gold Potential Kincora Copper “KCC”: ASX & TSXV Cobar Superbasin Macquarie Arc – Porphyry Systems Southern Gobi – Porphyry Systems Junee-Narromine Kincora Partner/ Molong Belt Major Project Groups Funding Source Belt Northern Junee- AngloGold Narromine Belt Ashanti Northern Molon
Slide 6: 6 Deals, >$110m Partner Funding … More Targeted
6 Deals, >$110m Partner Funding … … More Targeted MarketNon-core Cap jurisdiction $8.7m Greenfield, new district scale >$110m Large mineralised systems + motivated AI partner extensions of the Macquarie Arc proximal to world-class mines Southern Gobi, Mongolia Northern Junee- Cowal Block Portfolio B
Slide 7: Kincora's Highly Prospective Wholly Owned NSW Portfolio
Kincora’s Highly NYNGAN N Kincora Copper WEST “KCC”: ASX & TSXV Prospective NYNGAN NYNGAN Wholly Owned Cobar Nyngan SOUTH Northern Junee- Narromine Belt Portfolio NSW Portfolio MULLA NEVERTIRE NEVERTIRE SOUTH Northern Molong Belt Project name Kincora Project (Seeking partner) mineral Project name WO
Slide 8: Industry Leading Team
Industry Leading Team Kincora Copper “KCC”: ASX & TSXV Discovery Track Record Cameron McRae • Seasoned chairman, CEO & mining Sam Spring • Ex leading mining analyst, >10 yrs Goldman & Ocean (amongst others) Independent President & CEO, Chairman, Director executive Equities Director, • Full developme
Slide 9: Why a Project Generator Model?
Why a Project Generator Model? ? Commercial 1 • Cost of Capital/De-risked Funding Source Why buy a junior explorer with an Earn-In/JV agreement with an • Non-Dilutive Structure (for listed equity investors) industry partner • Potential Management Fees • Potential Exit Strategy Technical • Endorsemen
Slide 10: Project Generator Model: Leverage to Exploration Success
Project Generator Model: Leverage to Exploration Success Case Study: Success stories Current day porphyry examples >20x ~£1.5b Mkt Cap >70x >C$250m Mkt Cap >130x >C$1b Takeover >C$30m Mkt Cap >3x >C$125m Mkt Cap >3x 40 8 0.4 0.8 35 7 0.35 0.7 30 6 0.3 0.6 25 5 0.25 0.5 20 4 0.2 0.4 15 3 0.15 0.3 10
Slide 11: Kincora's Strategy: Value through Deals, Drilling & Discovery
Kincora’s Strategy: Value through Deals, Drilling & Discovery Consolidate 100% Ownership Opportunistically Grow Stage 1: Initial Deals of all NSW Projects >33% increase in number of With Asset Level Partners December 2023 NSW projects 4 new deals + 1 extension in 2024 (In 2024) (Focused on earlier s
Slide 12: Catalysts
Catalysts Drilling Ramping Up >7000m in 4Q’2024 1 Nyngan project, earn-out agreement with AngloGold Ashanti (Kincora receives a 10% management fee) Initial 6-scout holes drilled in 2024 confirms new district scale potential, expands program: • Scout drilling ongoing (permits for a total of 20 holes)
Slide 13: Summary
Summary Commodity Mix Favorable Fundamentals for Copper & Gold Team Discovery & Operating Track Record Projects Portfolio of Projects with Tier-1 Scale Potential Funding Model Technical Partners, Asset Level/Non-Share Dilutive Funding, Management Fee(s) & Scalable Catalysts Deals, Drilling & Discove
Slide 14: Australia's Foremost Porphyry District
Australia’s Foremost Porphyry District Kincora Copper “KCC”: ASX & TSXV 14
Slide 15: Why Australia?
Why Australia? Kincora Copper “KCC”: ASX & TSXV Australia’s global ranking for 1: Gold Copper Resources 1st 2nd Production 2nd 6th “ As an economic geologist … NSW, Lachlan Fold Belt, for copper and gold, is the place to be” Richard Schodde, MinEx Consulting All gold-rich copper deposits in the Worl
Slide 16: Why New South Wales Porphyries?
Why New South Wales Porphyries? Kincora Copper “KCC”: ASX & TSXV 2 Largest N >$385m in exploration earn-in /JV’s intrusive • >$100m for 7 of 11 Kincora projects (further proposed deals to come) complexes of the Macquarie Arc are Two >10Moz Gold Equivalent Discoveries/Resource Growth 1 untested under
Slide 17: World-Class Porphyry Belt Extensions Central West NSW v Central Andes
World-Class Porphyry Belt Extensions Central West NSW v Central Andes (same scale) Macquarie Arc, NSW Caserones Chile Central Andes, Chile/Argentina Ace Ace of of Spades Spades Canonba Canonba Los Helados SW SW Maricunga Target Target Lunahuasi Belt Duck Duck Josemaria Maricunga Creek Creek Filo Kin
Slide 18: Why NSW as a Jurisdiction? v Globally
NORTHERN Why JUNEE-NARROMINE NSW as BELTEmerging a Jurisdiction? v Globally (+ MACQUARIE ARC IN Porphyry Districts Kincora Copper GENERAL) OUTSCORES RIVAL EMERGING PORPHYRY DISTRICTS “KCC”: ASX & TSXV Macquarie Arc Undercover Vicuña District Golden Northern Extensions (Central Andes, Triangle Andean
Slide 19: Hotspot for M&A
License owners Hotspot for Kincora N AngloGold 0 80 km A/Kincora M&A Inflection AngloGold A/Inflection FMG >$16b in M&A Mines / Advanced Projects FMG/ Magmatic - Newmont buys Newcrest (flagship Cadia) Magmatic - Metals Acquisition buys the CSA mine (A$1.3b) for producing assets 1 S2/Legacy - oversub
Slide 20: Hotspot for Exploration
License owners Hotspot for Kincora N AngloGold 0 80 km A/Kincora Exploration Inflection AngloGold A/Inflection >$385m in FMG Exploration Stage FMG/ Magmatic exploration - Evolution’s discoveries and resource growth at Cowal Magmatic - Alkane Boda/Kaiser discovery resources & scoping study S2/Legacy
Slide 21: Existing Initial Partner Projects
Existing Initial Partner Projects 21
Slide 22: Northern Junee-Narromine Belt
Northern Junee-Narromine Belt Southern portion of Arc hosts >160Moz AuEq 1 Junee-Narromine belt outline N Known/interpreted complexes Nyngan ANT survey coverage West Northern extension of the Macquarie Arc Ace of Inflection Resources targets Spades is masked by post mineral cover (KCC/AGA) (post ANT
Slide 23: Nyngan Project: Encouraging Results
Nyngan Project: Encouraging Results Kincora Copper “KCC”: ASX & TSXV Expands Initial Scout Drilling Program N • First phase Kincora-AngloGold Ashanti drilling at the Nyngan project NYDD005 supports proof of concept for new district-scale potential and expansion of ongoing initial program 1 NYDD006 N
Slide 24: Nevertire Projects: Step out drilling to test Cadia-Ridgeway and Northparkes style targets
Junee-Narromine belt outline N Nevertire Projects: Step out drilling to test Cadia- Known/interpreted complexes Nyngan Kincora Copper ANT survey coverage West Ace of “KCC”: ASX & TSXV Inflection Resources targets Ridgeway and Northparkes style targets Spades (post ANT survey) (KCC/AGA) Permitted dri
Slide 25: Wongarbon: New Ground + New Partnership
Wongarbon: New Ground Kincora Copper “KCC”: ASX & TSXV + New Partnership 0 10km WONGARBON Multiple stage (Kincora) deal: Innovative Partner Structure with Fleet Space Multiphysics + 2000m drilling WONGARBON Yarindury (Kincora) (Talisman) On strike from 14.7Moz AuEq Boda & Kaiser discoveries • June 2
Slide 26: Cundumbul: Drilling New Success Based AI Targets
Cundumbul: Drilling New Kincora Copper “KCC”: ASX & TSXV Success Based AI Targets Open Open Fifth hole New 2.2km x 800m copper target at Cundumbul 1 completed, sixth Andrews planned prospect • Ongoing maiden Earth AI drilling program tests new min zone (≤5.2% Cu) associated with a zoned hydrothermal
Slide 27: Mongolia: Exposure to the Rapidly Emerging Southern Gobi
Mongolia: Exposure to the Kincora Copper “KCC”: ASX & TSXV Rapidly Emerging Southern 4Q’2024 Gobi Attractive exposure to the fourth emerging porphyry district Bronze Fox 16 holes for 2516m Tourmaline Hills (Bronze Fox) in the Southern Gobi 1 Intrusive Complex Bronze Fox Intrusive Complex • Region is
Slide 28: Potential Larger Partner Projects
Potential Larger Partner Projects Kincora Copper “KCC”: ASX & TSXV 28
Slide 29: Cowal Block: World-Class Gold and Porphyry Copper Terrane
FAIRHOLME Cowal Block: World-Class Gold and (Newmont earning-into with Koonenburry Gold) Porphyry Copper Terrane >500pm Cu &/ or >0.1g/t Au Evolution prospects Anomaly 2 Driftway C Gold corridor at Cowal hosts >14Moz gold endowment 1 Estimated endowment of Marsden deposit pre dismembered is ~5Mt Cu
Slide 30: Fairholme & Jemalong Projects
Fairholme & Kincora Copper “KCC”: ASX & TSXV Jemalong Projects Cowal Block Intrusive Complexes KCC’s Driftway C & Anomaly 2: Big open anomalies the size of Marsden NORTHERN FAIRHOLME MARSDEN Resource outline Advanced to earlier stage gold +/- copper (Kincora) (Evolution) targets with Cowal & Marsden
Slide 31: Northparkes Block: Clear Strategic Appeal
Northparkes Block: Kincora Copper “KCC”: ASX & TSXV Clear Strategic Appeal Inserts on slide 32 N Myall Northparkes is Australia’s second largest porphyry mine and was acquired by Region 2 Evolution Mining in December 2023 1 MAG/ • Continuous production since 1994 with first quartile cash costs FMG •
Slide 32: Trundle Project
Trundle Project Region 1: Northparkes Porphyry Cluster 2 • 80% interest for US$475m by Evolution in Dec 2023 • 5.5Mt Cu & 4.5Moz Au Region 2: Myall Porphyry Project 3 • $14m earn-in for 75% with FMG in March 2024 • 0.354Mt CuEq maiden resource • 22 porphyry deposits discovered, 9 economic E28NE E31N
Slide 33: Sole-Funded Exploration
Sole-Funded Exploration Kincora Copper “KCC”: ASX & TSXV 33 33
Slide 34: Cobar District: Kincora's Condobolin Project
Cobar District: Kincora’s Condobolin Project Kincora Copper “KCC”: ASX & TSXV Emerging new Cobar districts: Different levels of exploration Recent exploration illustrates favourable grade and vertically extensive systems 1, 2 maturity within the Cobar Superbasin New geochemistry-geophysical programs
Slide 35: Appendix
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Slide 36: Appendix
Appendix Kincora Copper “KCC”: ASX & TSXV Slide 4 - Corporate Snapshot 1 “Market Cap” as @ COB Apr 15, 2025. KCC 291.7m shares @ 3.2c (ASX). 2, 3 & 4 Recent asset level deals and field based exploration activities that support “4Q’24 Drilling >7000m”, “Partner Funding >$3.5m” & “>$110m Partner Fundi
Slide 37: Appendix
Appendix Kincora Copper “KCC”: ASX & TSXV Slide 17 - World-Class Porphyry Belt Extensions 1 AngloGold Ashanti (the world’s 4th largest gold company by production) has earn-in agreements with Kincora for the Nyngan project and designated Duck Creek as a Stage 2 project under its multiple phase/projec
Slide 38: Appendix
Appendix Kincora Copper “KCC”: ASX & TSXV Slide 26 - Cundumbul: Drilling New Success Based AI Targets SHARE REGISTER SUMMARY 1 Refer Kincora release May 20, 2024 “Artificial Intelligence Partner Drilling New Copper Targets at the Cundumbul Project” 2 Refer to Kincora release Oct 6, 2022 “Alliance wi
Slide 39: Contact
KINCORA COPPER CONTACT Kincora Copper “KCC”: ASX & TSXV Sam Spring - President & CEO Email: sam.spring@kincoracopper.com Mobile: +61 431 329 345
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